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Esgian Week 33 Report: New Contracts in North Sea, Nigeria
Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore the UK and the Netherlands, scheduled to run from February to April 2025.Shelf Drilling 300-ft jackup Harvey H. Ward has received a notice of suspensionâŠ
Bangladesh FSRU Expected to Resume Ops in September
Bangladesh's Summit LNG expects to complete repositioning and reconnecting work on its floating storage and regasification unit (FSRU) by August-end, it said, assuming favourable weather and sea conditions.Ship-to-ship transfer operations at its FSRU, which acts as a floating LNG import terminal, are expected to be ready in September, the company added.Summit LNG had paused operations on the FSRU after it was damaged by a steel structure when Cyclone Remal lashed Bangladesh in MayâŠ
Marine News' Naval Architecture Roundtable
Marine News spoke to leaders at three North American naval architecture and marine engineering firms about some of the latest trends impacting their business today. Morgan Fanberg, CEO, Glosten; Robert Ekse, President, Elliott Bay Design Group; and Wade Carson, CEO, Vard Marine, weigh in on topics ranging from digitalization and decarbonization to the naval architect talent pool.How are advances in digitalization and AI impacting the naval architecture business today?
BP: Venture Global Canât Justify Calcasieu Pass Delay
Oil and gas producer BP Plc told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.Venture Global LNG's Calcasieu Pass plant has been at the center of a long-running dispute involving energy companies including BP and Shell over access to LNG from the plant.Venture Global is expected to become the second largest U.S.
Callan Marine Awarded $104 Million Texas Dredging Project
The U.S. Army Corps of Engineers (USACE) Galveston District (SWG) on Monday awarded a $104 million contract to Galveston-based dredging contractor Callan Marine for the deepening of the Brazos Island Harbor (BIH) Ship Channel in South Texas.In partnership with the Port of Brownsville, USACE will deepen a 13-mile stretch of the ship channel by 10 feet, bringing the authorized depth to 52 feet. ThisâŠ
WinGD and CMA CGM to Trial Dual-Fuel Engine Tech at Sea
Swiss marine power company WinGD has teamed up with global shipping line CMA CGM to test its Variable Compression Ratio (VCR) technology for dual-fuel engines onboard one of CMA CGMâs vessels.The collaboration marks the first field test for the new dual-fuel engine technology and follows successful factory tests showing significant efficiency improvements with both diesel and LNG fuel.The CMA CGM project comprises a long-termâŠ
First LNG Cargo Sets Sail from New Fortress Energyâs Mexico FLNG (Video)
One of the worldâs leading LNG project developers New Fortress Energy (NFE) has completed the first cargo load and sail operation from its floating liquefied natural gas (FLNG) unit offshore Altamira in Mexico.The first cargo has been loaded onto the Energos Princess LNG carrier and will be delivered to NFEâs La Paz terminal.âWeâre excited to begin supplying our customers with our own LNG â a significant milestone for our company and the world of LNG,â NFE said on social media.The operation foll
The Transition to Zero â Spin the Wheel of Fortune
Current shipping discussions at both foreign and domestic venues are overflowing with the single subject of emissions while a growing number of companies make their reach for a net zero target. As the International Maritime Organization (IMO) tightens regulations to advance that reach, efforts to address climate change are coupled with a new understanding of the challenge at hand. Net zero will require a transition away from fossil fuelsâŠ
Cruisezilla? Modern Cruise Ships Now Dwarf the Titanic
The number and size of cruise ships globally has doubled since the start of the millennium, T&Eâs new âCruisezillas: How much bigger can cruise ships get?â report reveals. If they continue to grow at this rate, the biggest cruise ships in 2050 could be a staggering 345,000 gross tonnage, making them almost eight times bigger than the Titanic.In January 2024, the worldâs largest cruise ship to date, the Icon of the Seas, was launched.
Alternative Fuels: Many Possibilities But a Clear Path is Evasive
âIt was the best of times, it was somewhat confusing times, it was the age of wisdom, it was the age of the learning curve, it was the season of light, it was the season of, uh, still not enough light.â â Deepest apologies to Charles Dickens, A Tale of Two Cities, 1859As the world zeroes in on alternative energy sources and products that can deliver power and performance, there are advances that could sway even the most hardened skeptic.
Equinor's Platform Supply Vessel Set to Operate on Gasumâs bio-LNG
Gasum and Equinor have launched a series of liquefied biomethane (bio-LNG) bunkering operations in Norway's Port of Dusavik, with bio-LNG being bunkered to Equinorâs chartered platform supply vessel Island Crusader.The first bio-LNG delivery was successfully carried out mid-July. Gasum will continue to supply Island Crusader with two to three truckloads of bio-LNG approximately every other week. EachâŠ
Maersk Bets on Bio-LNG with Newbuilding Orders
A.P. Moller - Maersk (Maersk) is in the process of signing newbuilding orders and time-charter contracts for LNG dual-fuel container ships.The new orders for 50-60 vessels will match its planned renewal pace of around 160,000 TEU per year.The new orders are a continuation of its fleet renewal program initiated in 2021 which has seen orders placed for 25 methanol dual-fuel vessels, five in service and 20 on order providing around 350âŠ
World's Largest Car Carrier Höegh Aurora Delivered
The lead ship of Höegh Autoliners' Aurora class, Höegh Aurora, was delivered at a naming ceremony at China Merchants Heavy Industryâs (CMHI) shipyard in Jiangsu, China, on Tuesday.The newbuild is the first of 12 Aurora Class vessels being built by CMHI. Featuring 14 decksâincluding five liftable decksâthe ship can carry up to 9,100 CEU, making it the world's largest pure car and truck carrier (PCTC) vessel.
Partners to Develop LNG Terminal on Mexico's West Coast
Energy company GFI LNG and energy infrastructure developer Pilot LNG announced a partnership to develop, construct and operate a small-scale liquefied natural gas (LNG) terminal in Salina Cruz, Mexico.The partners said they plan to commence front-end engineering and design (FEED) development for the project this quarter, followed by a 12-18 month development and permitting timeline and anticipatedâŠ
Offshore Wind: Inside the Financial Web
Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the âutility financeâ basket, they are ultimately high-risk deals that might better suit the portfolios of âinfrastructure investmentâ which, in recent years, has taken a shift towards tolerating more uncertainty when it comes to cash flows.A 2022 article from consultants McKinseyâŠ
Nakilatâs H1 Profit Up By 7%
Qatar Gas Transportation Company (Nakilat) and its group subsidiaries announced their financial results for the first half of the year ended 30 June 2024, with a net profit of QAR 829 million ($227 million) for the first half of the year ended 30 June 2024, an increase of 7% on the corresponding period in 2023.In 2024, Nakilat achieved significant milestones in its fleet expansion project. The company signed contracts to build six advanced gas carriersâŠ
Simulation Training Profile: Chris Hearn, Memorial University
Memorial University in St. Johns, Newfoundland & Labrador, Canada, is a microcosm of how this unique regional cluster has parlayed its geographic locale and harsh, unique operating conditions into world leadership in the maritime, offshore energy and subsea tech spaces. An alumni, a professional mariner and now the Director of the Center for Marine Simulation, the Fisheries & Marine Institute at Memorial UniversityâŠ
Meyer Werft Floats Out Cruise Ship Disney Treasure
German shipbuilder Meyer Werft has floated out Disney Treasure, a new cruise ship being built for U.S.-based Disney Cruise Line.The 144,000 GT newbuild left the shipyard's building dock and is now berthed in the harbor, where final interior outfitting will take place ahead of scheduled delivery later this year.The second in a series of four Wish class cruise ships Meyer Werft is building for DisneyâŠ
Worldâs Largest Car Carrier Höegh Aurora Set for Maiden Voyage
Höegh Autoliners' Höegh Aurora, the world's largest pure car and truck carrier (PCTC) vessel, will soon embark on its maiden voyage and commence commercial operations following delivery at a naming ceremony next week.The newbuild is the first of 12 Aurora Class vessels being built by China Merchants Heavy Industry, in China. Featuring 14 decksâincluding five liftable decksâthe ship can carry up to 9,100 CEU.
MOL Secures âWorldâs Firstâ AiP for LNG Carrier with Wind-Assisted Propulsion
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for the design of a membrane LNG Carrier with Wind Challenger wind-assisted propulsion system.The AiP marks the world's first approval for an LNG carrier with a wind-assisted propulsion system, according to MOL, which developed the design of the system together with Hanwha Ocean.The LNG carrier that has obtained this AiP is capable of entering LNG terminals worldwide.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systemsâą Voyage Manager
Maritime Reporter TV Interviews Leif Gross, Caterpillar
